Average Nurse Practitioners Salary in Raleigh-Cary, NC
Nurse Practitioners in Raleigh-Cary, NC, earn an average annual salary of $128,590. This figure is slightly below the national average of $131,710, suggesting that while the demand is present, local market dynamics and potentially a slightly lower cost of living compared to some other high-paying areas contribute to this compensation. The specific economic landscape of the Raleigh-Cary metropolitan area influences the pay scale for these vital healthcare professionals.
Executive Summary
- Average Salary: $128,590 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $166,600.
- Outlook: The Raleigh-Cary, NC, job market for Nurse Practitioners appears stable, with a local workforce of 1,040 individuals. The Location Quotient of 0.72 indicates a slightly lower concentration of Nurse Practitioners compared to the national average, suggesting that while the profession is established, there isn't an oversupply. This equilibrium points to a consistent demand for skilled Nurse Practitioners within the region.
Salary Overview
The average Nurse Practitioners in Raleigh-Cary, NC earns-2.4%below the national average.
$61.8
$2,473
$10,716
Nurse Practitioners Salary Trends (2020-2024)
While specific historical data for Nurse Practitioner salary growth in Raleigh-Cary, NC, is not provided, it is reasonable to assume a positive trend over the past four years, mirroring national patterns. Economic factors and increasing demand for healthcare services typically drive salary increases for specialized roles like Nurse Practitioners, indicating a potentially growing earning potential for those in the field.
Nurse Practitioners Salary Distribution in Raleigh-Cary, NC
Salary progression for Nurse Practitioners in Raleigh-Cary, NC, typically scales significantly with experience. Entry-level positions will naturally command lower salaries, while seasoned professionals with specialized skills and extensive experience can expect to earn considerably more, potentially reaching into the upper percentiles. The widening gap between entry-level and senior salaries reflects the career advancement and increased responsibility associated with more experienced Nurse Practitioners.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $100,010 | $48.1 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $96,443 | $46.4 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $131,320 | $63.1 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $160,738 | $77.3 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $166,600 | $80.1 |
Detailed Nurse Practitioners Market Analysis
Relocation Context
Nominal Salary
$128,590
Gross Pay
Real Wage (Purchasing Power)
$128,590
Adjusted for COL (100)
The average annual salary of $128,590 in Raleigh-Cary, NC, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Nurse Practitioner's salary in this area is equivalent to the national standard, offering a balanced lifestyle without significant financial strain related to everyday expenses.
Job Market Context
1,040
Total Jobs
1.432
Per 1K Jobs
0.72
Location Quotient
Raleigh-Cary, NC has 0.72x the national average concentration of Nurse Practitioners jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
With a Location Quotient of 0.72, Raleigh-Cary, NC, has a slightly lower concentration of Nurse Practitioners relative to the national average. This suggests that the job market is not saturated and that employers may actively seek qualified candidates. While not an exceptionally high concentration, it indicates a healthy presence and ongoing need for these professionals within the local healthcare system.
Nearby Job Markets
Nearby Cities for Nurse Practitioners
| City | Salary | Dist. |
|---|---|---|
| Durham-Chapel Hill, NC Nurse Practitioners Salary | $128,310↓ 0% | 18 mi |
| Rocky Mount, NC Nurse Practitioners Salary | $116,470↓ 9% | 48 mi |
| Goldsboro, NC Nurse Practitioners Salary | $111,580↓ 13% | 49 mi |
| Burlington, NC Nurse Practitioners Salary | $126,280↓ 2% | 49 mi |
| Fayetteville, NC Nurse Practitioners Salary | $119,040↓ 7% | 55 mi |
Comparing salaries near Raleigh-Cary, NC
Hiring Nurse Practitionerss?
Frequently Asked Questions
How much does a Nurse Practitioners make in Raleigh-Cary, NC?
The median annual salary for a Nurse Practitioners in Raleigh-Cary, NC is $128,590. This typically ranges from $100,010 for entry-level positions to $166,600 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Raleigh-Cary, NC is 2.4% lower than the national median of $131,710.
Is Raleigh-Cary, NC a lucrative place for Nurse Practitioners?
Yes, Raleigh-Cary, NC offers a competitive salary for Nurse Practitioners.Nurse Practitioners in Raleigh-Cary, NC, earn an average of $128,590 annually, which is closely aligned with the national average, and the cost of living is exactly at the national average, making it a financially sound location.
Is Raleigh-Cary, NC a good place to live for Nurse Practitioners?
The Cost of Living Index in Raleigh-Cary, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Raleigh-Cary, NC?
Some top paying nearby cities include Durham-Chapel Hill, NC ($128,310) and Rocky Mount, NC.
How does the Raleigh-Cary Nurse Practitioner salary compare to the national average?
The average annual salary for Nurse Practitioners in Raleigh-Cary, NC, is $128,590, which is slightly lower than the national average of $131,710.
What is the concentration of Nurse Practitioners in Raleigh-Cary, NC?
The concentration of Nurse Practitioners in Raleigh-Cary, NC, is indicated by a Location Quotient of 0.72, meaning it is slightly less concentrated than the national average.
How does the cost of living in Raleigh-Cary, NC affect Nurse Practitioner salaries?
The cost of living in Raleigh-Cary, NC, is at the national average (100), meaning the $128,590 salary has purchasing power equivalent to the national average, making it a stable financial environment.
What is the total number of Nurse Practitioners in Raleigh-Cary, NC?
There are approximately 1,040 Nurse Practitioners working in the Raleigh-Cary, NC, metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,040 employees in the Raleigh-Cary, NC area with a job density of 1.432 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Nurse Practitioners • Data source: BLS OEWS 2024 •Jobs in Raleigh-Cary, NC